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Foreclosure Homes in Mesilla, NM

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Mesilla, NM Foreclosures

How much do homes sell for in Mesilla, NM?
The average home price is currently $365,720.
In Mesilla, NM, how many homes are available?
There are currently 226 active home listings available in Mesilla.
What’s the average rental cost in Mesilla, NM?
The average rental price in Mesilla is $1,197.
What is the most expensive home in Mesilla?
The most expensive home sold in Mesilla had a price of $1,635,815.
What is currently the cheapest priced home in Mesilla, NM?
The cheapest home for sale in Mesilla is priced at $57,438.

Living in Mesilla, NM

Mesilla, NM, is a charming small town that offers a unique blend of culture and outdoor activities. Known for its adobe architecture and friendly community, this historic area provides a perfect balance of relaxation and convenience. Enjoy local dining, art galleries, and easy access to beautiful landscapes.

Current Market Conditions in Mesilla, NM

The real estate market in Mesilla has shown signs of stability, with a steady demand for properties in the area. This can be attributed to the town's appeal, including its historic significance and quality of life.

Currently, there is a moderate supply of homes available for sale, which has kept prices relatively stable. Investors and homebuyers alike are beginning to take notice of Mesilla as a more affordable alternative to larger cities.

Home Value Estimator For Mesilla, NM

There are currently 308 real estate properties in Mesilla, NM, with a median automated valuation model (AVM) price of $318,189.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mesilla, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mesilla, NM, is $365,720.00, with the most expensive house in Mesilla, NM, topping out at $1,635,815.00 and the cheapest home in Mesilla, NM, clocking in at $57,438.00. In other words, there’s something for every potential homebuyer or savvy investor in Mesilla, NM!

Rent Prices In Mesilla, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mesilla, NM, is on a rollercoaster ride. The average rent price in Mesilla, NM, is $1,197.00. Indeed, when looking to rent in Mesilla, NM, you can expect to pay as little as $740.00 or as much as $2,120.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Mesilla, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mesilla, NM Foreclosures


Market Trend for Mesilla, NM

Total Listings Available: 226

Market Values:

Home Prices from $57,438 to $1,635,815

Average Sales Price: $365,720

Rental Values:

Rental from $740 to $2,120

Average Rent Value: $1,197 / month

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